Income Statement TT Hospital

Net Premium service Revenue	$97,393
Premium Revenue	4,622
Other Revenue	6,014
Total Revenue	=$108,029
Nursing Services	$56,752
Dietary Services	4,718
General and Administrative Services	23,240
Employee Health and Welfare	10,705
Provision for collectibles (bad debt)	3,469
Provision for Malpractice	1,204
Depreciation	4,025
Interest Expense	1,521
Total Expenses	$105,634
Net Income	2,395

Discussion: Calculate ROE for 2014 for TTs Hospital

Assume an Industry average of 8.4%

What can you say about TTs ROE ratio overtime and compared to industry average?

calculate total margin for 2014 for TTs Hospital.